So it would seem there is another Coronavirus wave on the way, at least in some countries.
Last time the pandemic struck, we saw Bitcoin price plunging hard.
Will the same thing happen again, can we expect the new lows?
What are your thoughts?
The charting tools were already indicating a market shift that could go either way, up or down and now the second wave of COVID will definitely make its mark on bitcoin and the price is definitely going to fall again. If the price falls then it could trigger a bear market and then we can atleast target $6k for sure, it can go even lower than that if the situation turns out worse. I already have sold plenty of my holdings at $9500 and would like to see the price go down so as to purchase bitcoins at a cheaper price. This time the fall will be just like the one that we saw last time in March.